Recent content by FXbeachbum

You could be right to an extent. I agree that the options models are normal distributions/deviations based on the underlying. Distribution graphs are also parabolic though. But looking at the graphs of each Greek individually results in parabolic and curved graphs, which tells me that it’s not...

Lol There’s options calculators out there to help you figure this stuff out. I think most mainstream brokers offer some of the sort. As far as your delta after a 7 point move delta should increase or decrease a lot more than you mentioned unless you’re trading AMZN or something. Theta...

Your leverage can’t be over 4/1. So 75% margin will be needed. I apologize this would be for buying, sorry idk on shorting.

Seriously not trying to be rude. But what kind of trader would choose RH over IB? They don’t offer near the tradeable markets(futures, multiple leg option strategies, can’t short stocks). RH Offers virtually no tools. Sure you could potentially swing trade or position trade using ETFs and their...

It does, plus the CBOE VIX options have to be timed almost right on the dot. These options can be 6.00 ITM yet still be traded at prices significantly less. Not saying I don’t like using them ever but, timing can be an issue. I’ve always kind of thought all volatility strategies though are...

You could use those strategies, but option buying or hedged selling positions have limited downside risks compared to the others. If you’re positioned accordingly the swings to PNL don’t have to be bigger.

If you want to trade volatility strategies, you have to go delta neutral. Delta is your directional bias and you can eliminate it, through certain strategies. If you want some complex strategies and better explanations read “options volatility and pricing” by Sheldon Natenberg.

I’ve seen something like this before. Too bad someone came up with the holy grail, put in all the time and tech just to give Spain their treasure back.

Oanda let’s you set up a practice account real time indefinitely, no need to fund. They’ll let you choose the hypothetical account size and everything. The charting is pretty feature rich for a phone also. I’ve never put in a dime with Oanda(choose IB) but still use their app for mobile charting...

That’s what I was getting at. Any trading strategy that is applicable to SPY would be applicable to /ES. Sure there are subtle differences. For futures 24hr market, expiration’s, knowing the monthly symbols instead of just knowing the main symbol you’ll have to add the month and year. If one has...

To top it off most dollar indexes weight the EUR/USD as the biggest part of their indexes often more than half.

“The correlation is mostly random.” Somewhat true, except during a risk off move it’s a risk off currency. Contributing to its appreciation during risk off periods, and depreciation during risk on periods. surprised the writer of the piece wasn’t aware of this. You can actually see USD...

I’d have to say most ET members are DIY, So wrong crowd to ask.

So I suppose being that different it would probably ruin using an SPY strategy to the /ES???

I would look into futures then as someone else mentioned. If your strategy is pretty much SPY the /ES S&P mini should provide the leverage you need and it’s essentially the same.